buying second hand kit - vat question - Contractor UK Bulletin Board

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VectraMan replied

29 November 2007, 12:33
I bought a second hand laptop off ebay, but the seller was a VAT registered company. He gave me a proper invoice when I asked, and I claimed back the VAT.

So even on Fleabay it's worth checking.
Leave a comment:
tim123 replied

29 November 2007, 12:04
Originally posted by TheFaQQer View Post

Yes. Next.

Actually it's only yes to Q1,

there can be VAT on second hand goods depending upon the status of the seller

tim
Leave a comment:
TheFaQQer replied

29 November 2007, 11:31
Originally posted by Dark Black View Post

Probably one for my accountant really - but thought it might be a general interest question...

My company is about to buy some second hand computer hardware from a private individual. Am I correct in my assumption that all the company needs is to get the seller to generate an invoice for the goods and that there is no vat as 1) it's a private sale and 2) the goods are second hand?

Yes. Next.
Leave a comment:
Kylie4485 replied

29 November 2007, 10:58
he just has to put on the invoice

'not VAT registered'

Thats what I do when I invoice people for my time.
Leave a comment:
Dark Black started a topic buying second hand kit - vat question

29 November 2007, 10:50
buying second hand kit - vat question

Probably one for my accountant really - but thought it might be a general interest question...

My company is about to buy some second hand computer hardware from a private individual. Am I correct in my assumption that all the company needs is to get the seller to generate an invoice for the goods and that there is no vat as 1) it's a private sale and 2) the goods are second hand?
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